VP or SVP - Multifamily Asset Management

Formed in 1992, Fifteen Group is a multidisciplinary, highly opportunistic real estate investment company known for its entrepreneurship and outstanding investment track record. The VP / SVP, Multifamily Asset Management will be responsible for assisting with the firm's multifamily real estate portfolio. The ideal candidate will be an individual who has worked with an owner/operator of multifamily rental properties, and is highly skilled, a self-starter, analytical, and operates with common sense. This role is based in Los Angeles and the candidate will work closely with senior leadership in Miami to manage assets nationwide.

 

RESPONSIBILITIES:

·    Develop and implement strategic asset management plans to optimize the performance and value of the property portfolio.

·    Oversee financial analysis of the portfolio's operating results, identifying trends, telling a story, and providing strategic recommendations to senior management.

·    Conduct market research and analysis to identify trends, opportunities, and risks in the portfolio’s markets.

·    Assist in asset acquisition, disposition, and recapitalization along with pre- and post-closing items and due diligence.

·    Review capital budgets and long-term goals for existing assets and acquisitions to formulate annual business plans.

·    Work with capital project group to implement renovation and/or rehab plans.

·    Collaborate with property management teams to implement business plans and ensure operational excellence and tenant satisfaction.

·    Travel to assigned properties regularly to visit with on-site teams to ensure strategic goals are being met.

·    Ensure compliance with all regulatory and legal requirements related to property management and investment.

·    Develop and maintain strong relationships with partners, lenders and stakeholders.

 

EDUCATION AND EXPERIENCE:

·    Bachelor’s degree in finance, real estate, business or related field; MBA is a plus.

·    Industry designations a plus; CPM or CCIM.

·    7+ years of experience in asset management, operations, and acquisitions of multifamily properties with an owner/operator that has 3,000+ multifamily units.

·    Proven track record of managing complex portfolios and value-add programs across multiple properties.

·    Outstanding communication skills, both written and verbal, that can tailor to both technical and non-technical audiences.

·    Strong PC skills required including extensive experience with Excel, Word, PowerPoint, Yardi Voyager and revenue management software such as Rent Max / RadiX.

·    Ability to work effectively with both peers and senior management in a highly entrepreneurial, team-oriented environment.

 

Please do not contact company principals directly, as this will disqualify you from consideration.